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IMPACT REPORT 2007–2008 - Endeavor Chile

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4<br />

endeavor in action<br />

PROMOTE<br />

ENTREPRENEUR SPOTLIGHT<br />

THAI QUANG NGHIA<br />

Sharing the stories of High-Impact Entrepreneurs is a critical component<br />

to providing full support for High-Impact Entrepreneurs. In doing so,<br />

<strong>Endeavor</strong> promotes the importance of entrepreneurship in emerging<br />

economies and inspires the next generation of entrepreneurs.<br />

<strong>Endeavor</strong>’s case study is being taught around the world, including<br />

In 1979, Thai Quang Nghia left Vietnam<br />

as a refugee on a fishing boat. Miraculously,<br />

he was picked up by a Petrobrás oil tanker,<br />

which gave him asylum in Brazil. Over the<br />

next fifteen years, Thai came to embody the<br />

spirit of entrepreneurship as he started a<br />

variety of retail businesses.<br />

played an instrumental role in teaching<br />

Thai about the importance of hiring<br />

good management by providing him<br />

with pro-bono mentors from a top<br />

international HR firm. In 2008, <strong>Endeavor</strong><br />

promoted Thai’s story through a feature<br />

on CNN International.<br />

COMPANY<br />

Goóc<br />

COUNTRY<br />

Brazil<br />

YEAR SELECTED<br />

2006<br />

in the classrooms of these business schools: Harvard, Stanford,<br />

Duke, MIT/Sloan, Columbia, and even undergrads at Princeton.<br />

In 2003, he launched Goóc, a lifestyle<br />

business that specializes in fashion and<br />

footwear. Since being selected in 2006,<br />

Thai has seen his business soar—revenues<br />

have increased over 500%. <strong>Endeavor</strong> has<br />

Thai has pledged 2% equity of Goóc to<br />

<strong>Endeavor</strong> Brazil because, “Brazil helped<br />

me when I needed it most; now it is time<br />

for me to give back, generating jobs and<br />

wealth.”<br />

SINCE BEING SELECTED IN 2006, THAI HAS SEEN HIS BUSINESS<br />

SOAR—REVENUES HAVE INCREASED OVER 500%.<br />

ENTREPRENEUR SPOTLIGHT<br />

PATRICIO FUKS & ALEJANDRO FRENKEL<br />

Where others saw despair and risk in<br />

the Argentine economic crisis of 2001,<br />

visionary entrepreneur Patricio Fuks saw<br />

true opportunity. Capitalizing on his<br />

family’s background in the traditional<br />

hotel industry, Patricio moved quickly in<br />

the struggling Buenos Aires tourism market<br />

to consolidate three hotels within one year.<br />

Just five short years later, he and his partner<br />

Alejandro Frenkel are leading Grupo Fën<br />

—a hotel management company—through<br />

a red-hot expansion phase. Today Grupo<br />

Fën manages nine hotels which employ<br />

close to 300 people.<br />

<strong>Endeavor</strong> Argentina hosted a specialized<br />

2-day HR workshop for Grupo Fën, from<br />

which Patricio and Alejandro have received<br />

ongoing consulting from the VentureCorps.<br />

Passionate entrepreneurs with an endless<br />

stream of market-changing ideas, Patricio<br />

and Alejandro are truly big-thinkers aiming<br />

to create the first Latin American boutique<br />

hotel brand with global potential.<br />

COMPANY<br />

Grupo Fën<br />

COUNTRY<br />

Argentina<br />

YEAR SELECTED<br />

2007<br />

50<br />

51

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